Govt forms body to look into concerns about FDI

Delhi government has formed a committee to look into the issues related to the implementation of FDI in retail and Value Added Tax (VAT).

Delhi government has formed a committee to look into the issues related to the implementation of FDI in retail and Value Added Tax (VAT).

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A delegation of traders led by national general secretary of Confederation of All India Traders, Praveen Khandelwal called on Delhi chief minister Sheila Dikshit at her residence on Wednesday to discuss the issue.

"Traders suggested that a committee should be formed to look into the difficulties faced by the traders due to FDI," said a senior Delhi government official. The committee will have traders and VAT officials.

The decision of forming a committee was announced after the meeting. Chandni Chowk MP and Union minister Kapil Sibal also attended the meeting with trade leaders representing over 100 trade associations from different parts of Delhi.

Addressing the gathering, Dikshit said traders are the major source of revenue for the government and, therefore, they should not face any undue harassment.

Dikshit, while accepting the demand for a committee, also allowed extending the last date of filing online information about goods imported from other states before its entry into Delhi from October 25 to December 31.

She also assured the traders that their other problems pertaining to VAT about extension of Form C date and levy of Form 32 and 33 will be sorted out shortly.